Google does not agree with the European Commission on the fine 2.42 billion euros

© AP Photo / Virginia rawalakote the Google. Archival photoGoogle does not agree with the European Commission on the fine 2.42 billion euros© AP Photo / Virginia Mayo

Google respects, but disagrees with the decision of the European Commission to fine it on of 2.42 billion euros for violation of the Antimonopoly legislation, will consider the document and bring their arguments, told RIA Novosti press-service of the company with reference to the statement of the General counsel of the Corporation Kent Walker.

«We respect but disagree with the conclusion that was announced today. We will review the Commission’s decision in detail, since we intend to apply it (in the court – ed.) and we hope to continue to state arguments», — he said.

«When you shop online, you want to find the products you are looking for quickly and easily. And advertisers want to promote the same products. That’s why Google is making a promotional offer that connects our users with thousands of advertisers, large and small, in ways useful for both of them», he added.

The position of the EC

The European Commission has fined Google 2.42 billion euros for abuse of dominant position in the search engine market, said the EC on Tuesday. A fine of 2.4 billion euros reflects the serious nature of violation of the Antimonopoly rules by Google; the decision directs the company to terminate this activity within 90 days, said the European Commissioner for competition, Margrethe Vestager.

If Google does not fulfill the requirement of the EC, the company can be fined. «This should be a separate decision of the European Commission. We may impose a penalty of up to 5% of the average daily worldwide turnover of the parent company Alphabet for each day of default (the decision — ed.)», said Vestager.

EK for about seven years, conducting investigations against Google for violation of antitrust rules.

In 2015-2016, the EC sued Google several claims. In particular, in April 2015 the European Commission has accused the company that it gives priority to its own search online services and infringes on the rights of competitors and consumers. In July of this year, the EC said that Google is abusing its dominant position by offering some of its instruments of online advertising, in particular, compare prices, when searching for third-party web sites. The company has granted the EC response to these accusations, completely rejecting them.

In April 2016, the EC charged that the company illegally demands from manufacturers of smartphones with Android operating system preinstalled native apps (Chrome browser and Google Search) and also uses financial incentives to manufacturers of exclusive pre-installed Google Search on their devices. Google, in turn, expressed readiness to prove to the EC that the Android operating system contributes to the development of competition in the market.

Source